hermes international (RMS) Details

Hermès International société en commandite par actions, together with its subsidiaries, is engaged in the production, and retail and wholesale distribution of consumer goods worldwide. The company offers silk and textiles, and ready-to-wear garments for men and women; leather goods and saddlery, such as bags, clutches, briefcases, luggage, diaries, writing accessories, small leather goods, saddles, and other equestrian items; accessories, including enamel and leather jewelry, shoes, belts, gloves, and hats for men and women; art of living products comprising decorative objects, tableware, furniture, and textiles; jewelry; perfumes; watches; and tableware. It is also engaged in the purchase, tanning, dyeing, and finishing of skins; and provision of furnishing fabrics and wallpapers, and porcelain. The company sells its products through a network of 315 exclusive stores. In addition, it sells watches, perfumes, and tableware through networks of specialized stores and in airport duty-free stores. Hermès International société en commandite par actions was founded in 1837 and is based in Paris, France.

hermes international (RMS) Key Developments

Hermès International Announces Audited Consolidated Earnings Results for the Year 2014; Raises Revenue Guidance for the Year 2015

Mar 25 15

Hermès International announced audited consolidated earnings results for the year 2014. For the year, the company's revenue totalled €4,119 million, up 10% and 11% at constant exchange rates. Operating income was €1,299 million (31.5% of sales), up 7%. Consolidated net income totalled €859 million and rose by 9%, maintaining net profitability at 21% of sales.
For 2015, despite the economic, geopolitical and monetary uncertainties around the world, the target rise in revenue at constant exchange rates is around 8%.

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